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Tag Archives: steve dickson

Airbus Stock Is 1% Down while the Company Plans to Prop Up Jetliner Deliveries in 2020

In 2020, Airbus aims to deliver about 880 jetliners, up from 863 in 2019, which was already a record. However, now Airbus (AIR) stock is in red, trading around 1% lower than yesterday.Airbus SE announced its plans to prop up jetliner deliveries to an all-time high in 2020. What actually happens is that it will utilize the situation it came under after the resolution that its rival’s Boeing Co. 737 Max remains grounded. From Boeing, they said they had zero new orders for its aircraft in...

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Boeing Could Halt or Cut 737 Max Production Plan

Boeing mulls pausing Boeing 737 max production as the possibilities for regulatory clearance for the grounded plane’s comeback will probably happen after January 2020.A decision is expected soon as Boeing’s directors are already reviewing the manufacturing plans for the 737 program, the company’s biggest source of cash.Usually, the board would set the company’s dividend for the coming year and decide on its share repurchases. However, the latter was suspended while Boeing deals with the...

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